Top News
GSK Invests $120 million in US Biopharmaceutical Manufacturing Facility
GSK’s expanded R&D and manufacturing facility in Upper Merion, PA houses a new analytical lab and flexible manufacturing equipment, including single-use bioreactors.
Lundbeck to Acquire Alder BioPharmaceuticals in Deal Worth Up to $1.95 Billion
The acquisition will enhance Lundbeck’s brain disease therapy portfolio as well as its antibody process and development capabilities.
Grünenthal, Mesoblast Partner on Innovative Cell Therapy for Chronic Low Back Pain
The companies will develop and commercialize a Phase III cell therapy candidate for treating chronic low back pain in a deal worth potentially $1 billion.
Vertex to Acquire Semma Therapeutics in $950-Million Deal
Vertex will use the acquisition to develop cell-based treatments for type 1 diabetes.
FDA Expands Scope of API Impurity Investigation
While downgrading the impact of nitrosamine impurities on patients, FDA vows to step up investigations for other drug types.
J&J Vows to Appeal $572-million Opioid Decision
A ruling in Oklahoma that Johnson & Johnson’s marketing efforts created a public nuisance may establish a precedent of other jurisdictions.
Bristol-Myers Squibb, Celgene to Divest Otezla to Amgen for $13.4 Billion
The transaction is part of Bristol-Myers Squibb’s proposed acquisition of Celgene.
Bayer to Sell Animal Health Biz to Elanco for $7.6 Billion
The divestiture is in line with Bayer’s strategy to focus on its life sciences business.
Pfizer Invests $500 Million into Its Gene Therapy Facility
Pfizer is investing $500 million for the construction of a state-of-the-art gene therapy manufacturing facility in Sanford, NC.
GSK US Pharma Head Steps Down
Jack Bailey, president, US Pharmaceuticals, GlaxoSmithKline, will step down from his position at the end of 2019 and will be succeeded by a Merck KGaA executive.
Bayer Acquires BlueRock Therapeutics, Boosts Cell Therapy Stake
The acquisition will boost Bayer’s cell-therapy development programs, with an initial focus on neurology, cardiology, and immunology.
US and Europe Reach Mutual Recognition Agreement Goal on Inspections
Slovakia becomes the final European Union country to be recognized by FDA, and the mutual recognition agreement for inspections of manufacturing sites between the US and the EU is now fully implemented.
AbbVie Announces $63 Billion Allergan Acquisition
In anticipation of the loss of patent exclusivity for Humira, AbbVie makes $63-billion move to acquire Allergan.
Merck & Co. to Acquire Tilos Therapeutics in Deal Worth Up to $773 Million
The acquisition will boost Merck’s pipeline for cancer, fibrosis, and autoimmune disease therapeutics.
Novartis Announces New Head of Pharmaceuticals Business Unit
The current president of Novartis’ Advanced Accelerator Applications has been appointed as the new Novartis Pharmaceuticals president.
Biogen Completes $800-Million Acquisition of Nightstar Therapeutics
The acquisition will boost Biogen’s gene-therapy pipeline with the addition of two mid- to late-stage clinical assets and preclinical programs.
Former Novartis Pharma Business Head Takes on CEO Mantle at Sanofi
Paul Hudson, formerly CEO of Novartis Pharmaceuticals, has been tapped to succeed Olivier Brandicourt as CEO of Sanofi.
Novartis’ AveXis Prices Zolgensma Gene Therapy at $2+ Million, Offers Access Programs for US Payers and Families
The company says it will work with payers to create payment options for its recently approved gene therapy, Zolgensma (onasemnogene abeparvovec-xioi), priced at $2.125 million.
FDA OKs Gene Therapy for Pediatric Spinal Muscular Atrophy
The agency has approved Zolgensma (onasemnogene abeparvovec-xioi), the first gene therapy to treat pediatric spinal muscular atrophy.
Pfizer to Acquire Biotech Firm Therachon in Deal Worth $810 Million
The acquisition will expand Pfizer’s rare disease portfolio with an early pipeline candidate for treating dwarfism.
Novartis to Acquire Takeda Eye-Care Drug in Deal Worth Up to $5.3 Billion
Novartis will acquire assets associated with Takeda Pharmaceuticals’ Xiidra (lifitegrast ophthalmic solution) 5%, an eye-care drug.
Novartis Appoints New Sandoz CEO
Sandoz’s new CEO will assume responsibilities no later than Aug. 1, 2019.
Catalent to Acquire Paragon Bioservices for $1.2 Billion
Catalent’s acquisition of Paragon Bioservices will provide expertise in expanding gene therapy market.
Bristol-Myers Squibb Shareholders Approve Celgene Acquisition
Shareholders have approved the issuance of Bristol-Myers Squibb common stock for the pending $74-billion merger with Celgene.
Novartis Completes Alcon Eye-Care Spin-Off
With the spin-off, Alcon will operate as a standalone company, and Novartis will focus on its core innovative medicines.
Novartis, Amgen in Legal Dispute Over Migraine Partnership
Amgen issued a notice of termination of its migraine collaboration agreements with Novartis, against which Novartis filed a lawsuit in response.
Thermo Fisher Scientific to Acquire Brammer Bio
A $1.7-billion acquisition CDMO Brammer Bio establishes Thermo Fisher Scientific in viral vector manufacturing.
Novartis Changes Sandoz Leadership, Sandoz CEO Steps Down
Richard Francis will step down as CEO of Sandoz, effective March 31, 2019.
Administration Acts Fast to Smooth Transition to New FDA Commissioner
Norman (Ned) Sharpless, director of the National Cancer Institute at the National Institutes of Health, will become FDA acting commissioner.
FDA Only Winner as New Budget Battle Begins
The FDA planned budget features added funds allotted to improved oversight of drugs, biologics, and medical devices.